Debts Recovery Tribunal allowed an original application filed by Axis Bank Ltd. against Kadem Vikram for recovery of a debt of Rs. 25,30,552. The court rejected no representation by the absent defendant and directed issuance of a Recovery Certificate.
Defendant to pay Rs. 25,30,552/- plus interest and costs; recovery certificate to be issued.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE OSTH DAY OF JULY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 210 OF 2026
The Axis Bank Ltd., Having it Office at 5-4-183/tB4,3d Ftoor R P Road, Secunderabad - 500003. Rep. by its Authorized Signatory.
.....Applica nt.
Versus
Kadem Vikram, S/o. Syed Yakab Ati Aged about 47 Years, Occ: Business R/o. 4ll/7 Kurmawada, Kondamadugu Nalgonda - 508126,
Also at:-
C/o. Nirmala Pharmacy 3-l-25/ 3, Bhongir Village Near Area Hospital, Yadadri - 508126.
... Defendant
Counsel for the Applicant
: Mr. M. Srinivas Reddy
Defenda nt : Ex-parte
:: ORDER ::
oA,NO.21Ol2025
Whether the Applicant Bankis entitled for the claim made in the OAagainst the Defendant and OA hY?othecated vehicle?
oA.NO.27O/2026
applicant bank is entifled to proceed against the same to realise its debt;
iii) the applicant bank is also entiUed to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is enililed for the costs.
,
tint"}-.,rru
, (RAMESAWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to recover the claimed sum with interest and costs from the Defendant?
1 provisions across 1 enactments
The Axis Bank Ltd.
Kadem Vikram
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
